APTMA seeks remedial steps to meet textile export target




STAFF REPORT ISB: Pakistan textile industry is impaired due to heavy taxes and surcharges, rendering it uncompetitive compared to regional economies. Other irritants include energy tariff, under utilization of power generation capacity and energy shortage, says a research report prepared by the APTMA.The export sector is subject to five percent duties, taxes and surcharges, while competitors in India enjoy tax-free regime on exports of textile products, while in Bangladesh and China,

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APTMA seeks remedial steps to meet textile export target


STAFF REPORT ISB: Pakistan textile industry is impaired due to heavy taxes and surcharges, rendering it uncompetitive compared to regional economies. Other irritants include energy tariff, under utilization of power generation capacity and energy shortage, says a research report prepared by the APTMA.

The export sector is subject to five percent duties, taxes and surcharges, while competitors in India enjoy tax-free regime on exports of textile products, while in Bangladesh and China,

Read more